Cimpor EBITDA recovers by 5%
Cimpor’s first quarter turnover eased by 0.3 per cent to EUR452.9m, while the EBITDA recovered by five per cent to EUR84.1m. The trading profit (EBIT) improved by 3.1 per cent t...
Weekly Newsletter
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Pakistan cement exports continue to disappoint
Pakistan exported 225,778t cement in April on revenues of US$13.49m, down 25.28 and 18.54 per cent, respectively compared to the previous month. Compared to April 2016, export v...
Spain's cement market contracts 2.3%
Cement demand in Spain fell 2.3 per cent YoY to 917,152t in April, according to data by Oficemen, the country’s cement association. Exports decreased by 5.5 per cent YoY, just s...
LafargeHolcim names new CEO
LafargeHolcim announces the appointment of Jan Jenisch as CEO from 16 October 2017. Jan Jenisch joins from Swiss company Sika AG.
FLSmidth wins North African plant project
FLSmidth has won a EUR100m contract to build a 12,000tpd greenfield cement plant in North Africa. The contract includes engineering, equipment supply, construction supervision, ...
Shree profits fall sharply
Shares of Shree Cement declined over five per cent on Wednesday after the company said its profits more than halved in March quarter. The company reported a standalone profit of...
Brazil's Jan-April sales down 10.1%
In the first four months of 2017, Brazilian cement sales to the domestic market totalled 17Mt, according to preliminary data from Sindicato Nacional da Indústria do Cimento (SNI...
Pakistan cement exports hit by strike action
Exports of cement and other commodities from Pakistan via seaports in Karachi have been affected by a strike by goods carriers.
Lafarge Africa to seek shareholders approval
Lafarge Africa is to seek shareholders’ approval for a NGN140bn (US$443m) rights issue during its 58th Annual General Meeting to be held on 7 June 2017, the company has informed...